The Trader 

Market Outlook: UK inflation slows

The Trader

Palpable sighs of relief in many quarters as British consumer price rises slow.  Still way above the Bank of England’s 2 per cent target, but CPI at 2.7 per cent in the year to February is better than the 3.1 per cent it peaked at over Christmas; core consumer prices are rising at 2.4 per cent and producer prices were down in February.  The ONS claims the effect is mainly due to ‘the previous depreciation of the pound has started to work through the system’.  The ONS also noted that house price rises in the year to February were running at 4.9 per cent, versus 5.2 per cent in January.     

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now